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State of the Industry Report: Finding Transformational Talent in the Workplace of Tomorrow

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State of the Industry Report: Finding Transformational Talent in the Workplace of Tomorrow MORE INSIDE! 2018 How to Source Talent With AI! State of the Industry Report: Finding Transformational Talent In the Workplace of Tomorrow Copyright 2018 Hunt Scanlon Media LLC. All rights reserved. TABLE OF CONTENTS About Hunt Scanlon Media . 4 Index of Sponsors . 5 Index of Advertisers . 6. Preface . 8. Executive Summary . .17 Industry Viewpoints . 57 TALENT TRANSFORMS Discover how at caldwellpartners.com 165 Avenue Rd. Suite 600 Toronto, ON M5R 3S4 1.888.366.3827 caldwellpartners.com 1 INDUSTRY VIEWPOINTS SENIOR EXECUTIVE RECRUITMENT Attracting Top Talent in the Age of AI David Chan, CEO OverNorth is an experienced team Bo Le Associates (RGF Executive Search Great China)...........59 of consummate search professionals, dedicated to Diversity, Done Better Judith M. von Seldeneck, Founder & Chairman and recruiting exceptional talent for Dale E. Jones, President and CEO clients across multiple industries Diversified Search .........................61 and functions. Clients expect, and Current State of the Media, we deliver, a customized, laser- Technology & Digital Industries focused approach to each Carrie Pryor, Managing Partner and engagement. Ted Pryor, Managing Director Greenwich Harbor Partners ..................64 The C-Suite Crisis Companies Need to Consider Mike Magsig, Managing Partner DHR International........................... 67 Building Up Defenses against Talent Raids Mark Oppenheimer, CEO of the Americas Marlin Hawk ..............................71 (Continued on next page) 2 INDUSTRY VIEWPOINT CONTENTS (Continued from previous page) EQ in the Workplace: A Driver of Success Christine K. Sobhani, Managing Director Allegis Partners ...........................74 Transforming an Organization – Tales from the Front Lines At Greenwich Harbor Partners we Jim Zaniello, President focus on Digital Transformation Vetted Solutions ...........................77 in Media, Technology How to Win the War for Talent and Business Services. Larry Hartmann, CEO ZRG Partners .............................81 We specialize in recruiting c-suite Collaborative Leadership and Diversity of executives and their direct reports Thought: Driving Business Innovation Stephen Dallamore, Global Chairman in General Management, Sales, AltoPartners ..............................85 Marketing, Communications The Future of Higher Education Recruiting and Customer Success. Emily Parker Myers, CEO Myers McRae Executive Search...............88 We are passionate about partnering with our clients to find outstanding senior executives with a demonstrated record of producing results. Carrie Pryor [email protected] greenwichharborpartners.com 3 ABOUT HUNT SCANLON MEDIA Hunt Scanlon Media is the most widely referenced, specialists, company directors, and top decision- single source for information in the human capital makers in finance, IT, sales, and marketing, to the sector . Our mission is to inform, engage, and global executive search consultants who service connect you — the most avid members of the talent them . management community — with daily news and Contact Information: expert commentary . We have assembled a team of Scott A . Scanlon trusted, experienced reporters and editors to track Editor-in-Chief who is making news and what’s driving the market (203) 252-7203 around the clock . And we have one of the best [email protected] management teams in the field . Hunt Scanlon Media has been defining and informing Stephen Sawicki the senior talent management sector for over 30 Managing Editor years . Our global staffing intelligence data comes (425) 252-8181 in many forms: daily newswires, annual leadership [email protected] and state of the industry reports, market intelligence Michael S . Hawkins sector briefings, industry rankings and our flagship Director, Marketing & Brand Management newsletter Executive Search Review . Our exclusive (203) 496-2009 news briefings, interviews, industry trends reports [email protected] and rankings, forecasts and expert commentary offer unique insight and market intelligence as we track Christopher W . Hunt global talent management developments . Since President our inception, talent management professionals (203) 252-7302 worldwide have turned to Hunt Scanlon Media . [email protected] Hunt Scanlon Media’s global news network is the Dale M . Zupsansky most comprehensive in the talent management Contributing Editor field, and all of our lead stories, rankings tables, (719) 644-0263 news alerts, and thought leadership articles provide [email protected] the latest thinking in a sector that is highly evolving and in transition . Our editorial team covers news Andrew Mitchell nationally and globally, originating exclusive news Director, Digital Platform Communications briefings each day that provide up-to-the-minute (203) 985-5605 coverage of the entire talent management and [email protected] leadership solutions sector . Today, Hunt Scanlon Mike Walsulko Media interfaces annually with more than 20 million Chief Digital Officer human capital professionals in over 191 countries — (203) 461-1776 from CHROs, chief talent officers, talent acquisition [email protected] 4 INDEX OF SPONSORS Bo Le Associates (RGF Executive Search Great China) . 59 Diversified Search . 61 Greenwich Harbor Partners . .64 . DHR International . .67 . Marlin Hawk . 71 Allegis Partners . 74 Vetted Solutions . 77. ZRG Partners . 81. AltoPartners . 85 Myers McRae Executive Search . 88 A national executive search firm dedicated to placing exceptional leadership at mission- driven organizations and institutions of higher education www.koyapartners.com 5 GLOBAL MINDSET. INDEX OF ADVERTISERS TAILOR-MADE SOLUTIONS. With a tradition of excellence since 1957, a global coverage Caldwell Partners . 1. of 54 wholly-owned offices OverNorth . 2. in 45 countries and a team of 130 Consultants, Alexander Hughes Greenwich Harbor Partners . 3. is dedicated to working with you Koya Leadership Partners . .5 . to find, assess and attract the vital Alexander Hughes . .6 human capital that you need in order to achieve your strategic Atlantic Group . 7 business objectives. Cejka Executive Search . 10 Polachi . 12 Odgers Berndtson . 13 McDermott & Bull . 14 PhillipsDiPisa . 20 Kingsley Gate Partners . 23 Alder Koten . 25 Alto Partners . .26 . JM Search . 28 Reffett Associates . 29 (Continued on next page) We are recruiting in North America! To apply, please contact Jonathan Plourde, Managing Partner [email protected] Find us on: www.alexanderhughes.com 6 INDEX OF ADVERTISERS Professional Search Consultants New York | Philadelphia | Stamford | Boston (Continued from previous page) Came|Sweeney . 32 Academic Search . .33 We Connect Buffkin/Baker . 35 Professionals Strawn Arnold & Associates . 37 Atlantic Group, founded in 2006, is one IRC Global Executive Search Partners . 39 of the industry leaders in professional search . Kensington International . 41 Through our headquarters in New York City and Vetted Solutions . 42. our offices in Boston, Philadelphia and Stamford, The Tolan Group . 44 Connecticut, we are able to penetrate networks and execute searches regionally, nationally and Myers McRae Executive Search . 45 globally across several verticals . Jobplex . 47 Looking for your next career opportunity? Rosenzweig & Company . .49 Let us help you find it . JGA Partners . 50 Cornerstone International . .52 Witt/Kieffer . 53 Finance & Accounting TillmanCarlson . 55 Information Technology Temporary Staffing Corporate Services Healthcare Administrative Support Construction Fashion www .atlanticrecruiters .com 7 PREFACE PREFACE Amid Time of Growth, The executive search industry continues to grow, with the largest 50 recruitment providers in the Americas Executive Recruiters now topping $3 billion in revenue . For some of the newer and boutique firms, double digit growth, as high Turn to AI as 43 percent, has been reported in just the past year . A driving force for further growth will be AI . Early adopters of the technology – that can source and digest volumes of data more quickly and efficiently than an army of recruiters – could give search consultants and talent acquisition leaders a competitive advantage . The top firms, like Korn Ferry and Spencer Stuart, are actively seeking experts to help them implement AI into their assessment, background checking, leadership, and recruiting platforms . Some of their boutique rivals are already implementing the technology into their service offerings . Adoption of AI may be in its early stages in the industry, but most recruiting sector leaders predict it, as well as other technologies, are poised to reshape the way they do business . The capacity to more quickly source and evaluate talent is driving recruitment firms to turn to technology like never before . It makes the dot com era look like a droplet on the pond in comparison . Let’s go inside the latest Hunt Scanlon findings . PREFACE 9 This year’s study bears out recently reported industry optimism that shows 75 percent of recruiting firms expect growth in the coming year, despite automation . In fact, automation is likely to have an inverse impact on the recruiting sector . Automation promises to improve reach and it is already fueling change in the way executive recruiters and talent acquisition leaders source and hire top talent . A sea change is coming once again to the executive recruiting and leadership development space . The question no longer is if or when, but how will it define us . The executive search industry’s leading 50
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